2017 Chevy Bolt EV to Carry 238-Mile Range, $37,500 Price Tag

Chevrolet has long been touting its upcoming Bolt as the first affordable electric vehicle with 200 miles of range, but it turns out that was something of an understatement. Today the automaker announced that the 2017 Chevy Bolt will carry an EPA-estimated range of 238 miles, putting it comfortably past the bowtie brand’s initial target.

When it goes on sale in late 2016, Chevy says the Bolt will carry a Manufacturer’s Suggested Retail Price that is under $37,500 (not including tax, title, license, or optional equipment). That means car customers who can take advantage of the $7,500 available federal tax credit could pay less than 30 grand for the 238-mile dynamo.

“Chevrolet showed the world the production version Bolt EV earlier this year and in a few short months we’ve moved from that vision to a reality,” said GM North America President Alan Batey. “The Bolt EV is a game changer for the electric car segment and it will start to become available at Chevrolet dealerships later this year.”

In addition to its impressive range, Chevy is also promising impressive cargo space, technology, and safety features that will make the Bolt EV attractive to a wide range of drivers.

“While range is important, we knew Bolt EV owners would want more — more space and more power — and the Bolt EV delivers,” said the Bolt EV’s chief engineer, Josh Tavel. “Our team took special pride in optimizing every aspect of this vehicle, especially its impressive range and ride dynamics.”

Chevrolet continues to expand it lineup of electrified autos with the addition of the Bolt EV, which joins the similarly named Chevy Volt and the Chevy Malibu Hybrid.